Options Magnat Binary Options Broker

Minimum deposit200$

Minimum rate5$

Bonus50%

Regulation
CySEC

Demo account

Rating

Register

Currency accounts

USD

GBP

RUR

Languages

Russian

English

German

Options magnat is a company that is registered in Cyprus and documents of which are on the approval of the CySEC. This is encouraging, since, in principle, the broker provides good market conditions and services.

Review contents:

The broker is registered in 2013 and its strategy is no different from such single-minded companies on the financial services market. The company has everything like everyone else, except for a couple of very serious mistakes which do not give the right to include this subject in the list of the best.

Trading conditions.

Profit - up to 81%.

Reimbursement - 0%.

Minimum deposit - $ 200

Minimum Bid - $ 5

Demo - account - No

Mobile version - No

Education - No

Registration

The company has quite a simple registration. One virtual table is, in principle, the only thing that separates a person from the status of a client of the broker. After completing the form you are diverted to replenish the deposit in GBP, USD, GBP, RUR, and the most popular payment systems.

Trading Platform

The trading is proposed to hold on SpotOption platform, which this provider of financial services stylized under the look of the site.

At the same time, the essence of the terminal did not change. It was the simplest and most primitive one, and remains the same. However, novice traders will appreciate its advantages in an intuitive trade and professional traders simply will not trade, as trading with this software is more like a game than a professional activity.

Note the pluses:

- Nice and easy, intuitive access to functions;

- Quite an impressive selection of options;

- Trading is protected by a security protocol;

Cons of the platform:

- The indicators, graphical tools for technical analysis are absent in the terminal.

Financial assets

Options magnat offers 83 trading assets, of which 34 are shares, 11 are currency pairs. This is quite enough to choose from to create investment portfolios.

Bonuses

The company provides a 50% bonus on the first deposit and the completion of 25% for all subsequent transactions for the deposit.

Types of options

Regarding the choice of options, it is a pretty impressive. Namely:

- Binary options – this is a classic option trading;

- Pair options - synthetic financial assets;

- Long-term options – with advanced expiration dates;

- 60 seconds – the options with short expiry;

- Options of a staircase - with a few options on the level of achievement;

Education

As such, the training in Options magnat is missing.

24/7 support

Support in Options magnat is performed in 3 languages including English. For communication with consultants telephone calls, chat, and email are provided. In this format, the support is a standard 24/7.

Deposit and withdrawal

You can make a deposit by: Moneybookers and AMERICAN EXPRESS, as well as VISA and MasterCard. Input of the funds, as it is expected, is performed immediately, and the output - in a period of 3 days.

Pros / cons

Options magnat has such pluses:

Minimum transaction is only $ 5

The minimum deposit - $ 200;

Quite a good selection of options for trading;

A sufficient choice of assets;

A simple trading platform.

The drawbacks are:

The site has no training;

Support is sluggish;

Analytics in the site is also absent;

Trading is carried out on an intuitive level.

Conclusion

Options magnat is a company that generally provides not bad conditions for trade. At the same time, all the best is not enough to cover the cons in training, analytical support, as well as the absence of even a hint of analytical support.